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The Neoclassical Synthesis and the Emergence of Heterodox Economics
SSRN Electronic Journal, 2014After reviewing Samuelson's use of the term "neoclassical synthesis" in relation to both Foundations of Economic Analysis, and his introductory textbook, the paper argues that the use of the term changed as it was taken up by heterodox economists seeking a term to represent the orthodoxy against which they were reacting.
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Credit and Prices in Woodford's New Neoclassical Synthesis
Economic Thought, 2015Following recent debates on the New Neoclassical Synthesis, the theory of monetary policy has been renewed. The prevailing method, illustrated by Woodford's version of Interest and Prices, is a Dynamic Stochastic General Equilibrium Model in which the old LM curve is voluntarily substituted by an optimal monetary rule.
Alexander Tobon, Nicolas Barbaroux
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2008
Classical orthodoxy since David Ricardo, Lord Overstone and Robert Torrens has assumed the long-run neutrality of money applying the quantity theory of money as proposed by David Hume. In the long run, when prices have adjusted to their equilibrium values, there is a proportional relationship between the quantity of money supplied and the level of ...
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Classical orthodoxy since David Ricardo, Lord Overstone and Robert Torrens has assumed the long-run neutrality of money applying the quantity theory of money as proposed by David Hume. In the long run, when prices have adjusted to their equilibrium values, there is a proportional relationship between the quantity of money supplied and the level of ...
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Credit and Prices in the New Neoclassical Synthesis
2008CNRS NR; AERES NR ; International ...
Barbaroux, Nicolas, Tobon, A.
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NEW NEOCLASSICAL SYNTHESIS MODEL: APPLICATION TO TURKEY
2012Son 30 yılda makroekonomi alanında yaşanan gelişmeler ekoller arası yeni bir uzlaşma zemini etrafında gerçekleşmektedir. Bu uzlaşma Klasik ve Keynesçi görüşleri tek bir çatı altında birleştirerek ekonomide yaşanan makroekonomik dalgalanmaları mikroekonomiden hareketle açıklamayı tavsiye etmektedir. Yeni Neoklasik Sentez (New Neoclassical Synthesis:NNS)
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A new orthodoxy: the neoclassical synthesis
1995Michel Beaud, Gilles Dostaler
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